Canadian Pacific Kansas City Limited (NYSE: CP) is -6.37% lower on its value in year-to-date trading and has touched a low of $66.49 and a high of $87.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CP stock was last observed hovering at around $76.93 in the last trading session, with the day’s loss setting it -1.03%.
Currently trading at $75.9, the stock is -4.61% and -5.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.87 million and changing -1.34% at the moment leaves the stock -1.19% off its SMA200. CP registered 4.88% gain for a year compared to 6-month loss of -4.88%. The firm has a 50-day simple moving average (SMA 50) of $80.2982 and a 200-day simple moving average (SMA200) of $76.8171.
The stock witnessed a -3.92% gain in the last 1 month and extending the period to 3 months gives it a 4.72%, and is -2.06% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.66% over the week and 2.03% over the month.
Canadian Pacific Kansas City Limited (CP) has around 20144 employees, a market worth around $70.62B and $10.65B in sales. Current P/E ratio is 25.63 and Fwd P/E is 18.96. Profit margin for the company is 25.99%. Distance from 52-week low is 14.15% and -13.47% from its 52-week high. The company has generated returns on investments over the last 12 months (5.74%).
with sales reaching $3.81B over the same period.The EPS is expected to grow by 12.61% this year, but quarterly earnings will post 6.51% year-over-year. Quarterly sales are estimated to grow 5.85% in year-over-year returns.
Canadian Pacific Kansas City Limited (CP) Top Institutional Holders
1434.0 institutions hold shares in Canadian Pacific Kansas City Limited (CP), with institutional investors hold 75.73% of the company’s shares. The shares outstanding are 930.40M, and float is at 930.03M with Short Float at 1.51%. Institutions hold 75.65% of the Float.
The top institutional shareholder in the company is TCI FUND MANAGEMENT LTD with over 54.91 million shares valued at $4.32 billion. The investor’s holdings represent 5.8869% of the CP Shares outstanding. As of 2024-06-30, the second largest holder is ROYAL BANK OF CANADA with 51.3 million shares valued at $4.04 billion to account for 5.5001 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 35.65 million shares representing 3.8219% and valued at over $2.81 billion, while WCM INVESTMENT MANAGEMENT, LLC holds 3.2472 of the shares totaling 30.29 million with a market value of $2.39 billion.
